JSW Cements' 20 MPTA Target

JSW Cement Ltd., a part of $11 billion JSW Group led by Sajjan Jindal, is on track to expand it's capacity to 20 million tonnes per annum (mtpa) from the current 12.5 mtpa, and launch an initial public offering (IPO). The capital raised through the IPO will be used to expand capacity further as the company aims to be one of the top three cement manufacturers in the country. The likely date of launch of the IPO is expected to be in 2019.

The strength of JSW Group is execution and hence the firm intends to scale up to 20 mtpa organically.

JSW Cement Ltd, is planning to expand the manufacturing capacity of its Dolvi facility in Maharashtra from 1 million tonne (mt) per annum to 2.2 mt by February.  Other expansions include the 2.4 mt Salboni plant in West Bengal commissioned in July and ongoing capacity addition of 2.4 mt at Vijayanagar, Karnataka, and 1.2 mt in Jajpur, Odisha.

Earlier this year, the company has acquired a stake of up to 54.4 per cent in Shiva Cement. The cement industries' expectation of a large uptick in demand continues to keep the valuation of cement assets high and hence JSW is not aggressively pursuing any acquisition. What it continues to pursue aggressively is the acquisition of limestone mines.

JSW Cement Sponsors Construction Expo

Hyderabad To Host Construction Expo Sponsored By JSW Cement

The Hindu BusinessLine-CAI 2015 Construction Expo begins on September 11 at the HITEX Exhibition Centre and will go on for a futher two days. The 2015 Construction Expo will have more than 80 stalls promoted by companies in the construction, architecture and interior design market segments. The participating companies are to display their latest products and creations. Company personnel will be on hand to live-interact with the visitors.

JSW Cement and JSW Steel are the title sponsors of CAI 2015.
The event is powered by Kamai Elevators.
Co-sponsors are 
Hindustan Concrete Block,
Nippon Paint,
K-LITE Industries,
Womenz Modular Designers Pvt Ltd. and
Crompton Greaves Ltd.

Confirmed participants include among others
JCB India,
Everest Industries,
Phillips,
Hindustan Tiles and
Jaibhavani Plywood.

Industry associations supporting the event are
Indian Association of Structural Engineers,
Ready Mixed Concrete Manufacturers’ Associations and
The Indian Concrete Institute.

JSW Cements' Innovative Plan

Increase in cement capacity at reduced costs

A master plan drawn by Harvard Business School-trained JSW scion Parth Jindal wherein cement making costs are reduced by 3/4ths by setting up grinding units closer to cement retail markets as against the traditional method of cement clinker units placed near limestone mines and sources.

This innovative plan, a brainchild of Parth Jindal, will enable JSW Cement to add 1 tonne of cement capacity at approx. Rs.180 crore, against Rs. 840 crore needed to set up a similar cement capacity under the traditional method.

An added edge that JSW Cement has is in the growth potential of Slag Cement in the country. JSW cement sources its slag from its sister company JSW Steel at competitive prices.

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